what moved xauusd to 2940Gold prices have recently surged to a record high of $2,940 per ounce, driven by several key factors:
1. New U.S. Tariffs: President Trump's announcement of a 25% tariff on steel and aluminum imports has heightened concerns over potential trade wars and inflation. Investors are turning to gold as a safe-haven asset to hedge against these uncertainties.
2. Inflation Concerns: The impending release of inflation data has investors bracing for potential economic impacts. A weaker-than-expected reading could bolster gold's rally by increasing expectations of rate cuts, making non-yielding gold more attractive compared to interest-bearing alternatives.
3. Central Bank Purchases: Central banks, particularly in emerging markets, have been significantly increasing their gold reserves. This trend reflects a desire to diversify assets and reduce reliance on the U.S. dollar, further driving up gold demand and prices.
4. Geopolitical Tensions: Ongoing global uncertainties, including conflicts in the Middle East and tensions between major economies, have led investors to seek the stability that gold offers during turbulent times.
These combined factors have propelled gold to its current record levels, as investors seek security amid economic and geopolitical uncertainties.
Trend
XDC - it is time!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈After rejecting the $0.15 round number, XDC has been in a correction phase trading within the falling channel marked in red.
Currently, XDC is rejecting the lower bound of its rising broadening wedge in blue.
🏹 For the bulls to take over again, and start the next impulse movement upward, a break above the $0.1 round number is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDCHF - Trend-Following TA signals short!NZDCHF overall bearish, looking for trend-following shorts on lower timeframes.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
I am Amazed how XAU/USD Gold moving in a channel of 18 degrees. FX:XAUUSD COMEX:GC1! I am amazed by how XAU/USD Gold is moving in a channel of 18 degrees on hourly chart. I am a student of market geometry and how often we see such a clear trend, really fascinating! The scenario here is clear just trade the bounce off of the lower channels and we will only be short if market breaks below lowest band on this chart until then we are bullish. Keep your first targets @ upper band. Keep following for more ideas.
EURGBP - Weak Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURGBP has been bearish trading within the falling wedge pattern in blue.
Currently, EURGBP is approaching the upper bound of the wedge.
Moreover, the orange zone is a strong structure.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the orange structure and upper blue trendline.
📚 As per my trading style:
As #EURGBP is around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDCAD - Is History Repeating Itself?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 USDCAD has been overall bullish , trading within the rising wedge pattern marked in blue.
Today, USDCAD broke above its previous major high (marked in red).
🏹 As it retests this previous high, it will also intersect with the lower blue trendline, which acts as a dynamic support level.
📚 According to my trading style:
As #USDCAD approaches the red zone, I'll be watching for bullish reversal setups—such as a double bottom pattern, a trendline break, and more.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
XAUMO Strategy – GOLD (XAU/USD) for Monday, Feb 12, 2025 Market Overview – The Smart Money Play
🔹 Gold (XAU/USD) trading around $2,860-$2,861 – Bulls still in control on higher timeframes but showing signs of exhaustion.
🔹
Liquidity traps above $2,875-$2,880 – Institutions baiting late buyers.
🔹
Volume decreasing at resistance – Smart money unloading positions.
Translation? Market prepping for a trap & reversal play before the next expansion.
📌 XAUMO SESSION BREAKDOWN & EXECUTION PLAN
🔴
1) Asia Session: Market Balance & Trap Setup
Price Action: Tight consolidation, low volatility, setting up liquidity grab.
Volume: Diminishing – classic pre-move buildup.
Liquidity Zones: Buyers trapped above $2,875-$2,880.
Key Levels:
Support: $2,850-$2,855
Resistance: $2,870-$2,875
🚨 Game Plan:
If price spikes into $2,875-$2,880, look for a reversal short.
If price drops to $2,855 and holds, expect a bounce.
✅ Trade Setup:
📉 Sell Limit: $2,875
🎯 Target: $2,855 > $2,845
❌ Stop Loss: $2,883
🟡
2)London Session: Expansion & Trend Confirmation
Price Action: Market picks a direction – we trade the retest.
Volume: If RVOL spikes, expect breakout move.
Liquidity Zones: Order blocks forming at $2,850-$2,855.
Key Levels:
Bullish if price holds $2,855, expect $2,880+.
Bearish if rejection at $2,875, expect $2,840-$2,830.
🚨 Game Plan:
Watch for fake breakouts at session highs/lows.
VWAP & POC confirm bias.
✅ Trade Setup:
📉 Sell if $2,872 rejects
🎯 Target: $2,850 > $2,835
❌ Stop Loss: $2,881
🟢
3) NY Session: Institutional Moves & Volume Surge
Price Action: The real move happens here – Smart Money decides direction.
Volume: If RVOL > 1.5, trend continuation is confirmed.
Liquidity Zones:
$2,875-$2,880 – Bull Trap Zone
$2,840-$2,830 – Sell-Side Liquidity
🚨 Game Plan:
If price fakes out above $2,875 & dumps, SELL HARD.
If NY session defends $2,855, BUY THE DIP.
✅ Trade Setup:
📉 Sell below $2,850
🎯 Target: $2,830 > $2,815
❌ Stop Loss: $2,860
📈 Buy if price reclaims $2,860 after fakeout.
🎯 Target: $2,880 > $2,885
❌ Stop Loss: $2,852
FINAL XAUMO EXECUTION STRATEGY
If price spikes to liquidity levels, fade the move.
🔸
If VWAP & Delta confirm direction, ride the trend.
🔸
Use session highs/lows as liquidity magnets.
🔸
If RVOL confirms strength, scale in aggressively.
CHILLGUY/USDT BACK TREND TO $0,27?This coin has had a huge breakdown since the start of the coin launch, are we going to see a recovery for this coin that can have a comeback?
This is exactly what we are going to follow.
If this coin is able to have the recovery in the coming time, then it would be an interesting change of data.
If there is an increase coming.. then this could be the confirmed bottom.
SOYBEANS to 1.035 bullish trend for Frist Quarter 2025The fundamental factors affecting soybean prices in 2024 have shown mixed developments, with weather conditions and global demand playing crucial roles. For 2025, the direction of prices will depend on China's economic recovery, weather conditions, and agricultural policies in the U.S. under the new Trump administration.
On the technical side, there is an accumulation of positions and manipulation in sell stops at the monthly level. I would like the price to reach the equilibrium of the range in the first quarter of the year; depending on the evolution of the fundamentals, we could even see a value of 1,100. If this idea is invalidated, I would expect prices of at least 927.7.
Monthly chart for context:
SUI DAILY First retest of the 1D 200 EMA since September '24, and a fill of the FVG area. A very strong reaction off that level but the overall trend of Lower Highs and Lower Lows signals a bearish trend.
For that reason a golden pocket rejection could be the play if price reacts off that level, SUI would then target a move to fill the wick if breaking it can break under the 1D 200 EMA.
I would look to go long if the Lower High is taken out and 1D 200 EMA is confirmed as support.
Gold might revert to the trend line following a rising riseHello everyone, today I'm ready to provide you with Gold analytics. A few days ago, we saw a big upward movement in the market, but before that, Gold traded near support 2, which coincided with the support zone. Then it rebounded and surged to 2727 points before correcting even below support 2, but then it reversed and began trading inside the wedge. Price plummeted below the trend line and immediately rebounded, shattering the second support level and continuing to climb higher along this line.Gold ascended for a long time along this line, but on the fourth touch, it rebounded and reached the first support level, which corresponded with another support zone. Then it corrected to practically the trend line before quickly rising back to the first support, breaking it, and exiting the wedge. It then retested and increased its score to 2880 points. Now, I expect XAUUSD to make a correction to the trend line, which is positioned within the support zone. That's why I set my target at 2800 points, which corresponds to them. If you appreciate my analytics, please support me with a like or remark.
ONDO - The Sweet Spot!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈After rejecting the $2 round number, ONDO has been in a correction phase and it is currently approaching the lower bound of its rising broadening wedge marked in blue.
Moreover, the green zone is a strong support and round number $1.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the $1 round number and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #ONDO approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
WALMART Gearing Up for a Bullish RallyNYSE:WMT is trading within a well-defined uptrend supported by a rising trendline. The consistent higher highs and higher lows confirm the bullish structure. The price is currently consolidating near the trendline, indicating a potential continuation of the uptrend.
If buyers maintain control and the price respects the trendline, the stock could rally toward the 102.43 target level, which aligns with a measured move projection.
For confirmation, I’ll look for bullish candlestick patterns or a breakout above recent consolidation highs. However, if the trendline support is breached, it could signal a potential shift in the trend.
Let me know your thoughts or if you see the setup differently!
BTC Correction Nearing Key Support – What’s Next?Bitcoin has been in a corrective phase over the past two days, retracing from recent highs and approaching critical support levels. Let’s break down the current market structure and identify potential trade opportunities based on confluences from multiple technical indicators.
Key Support and Resistance Levels:
1. ) Golden Pocket Zone – $95,535 to $94,994
The 0.618 Fibonacci retracement is a widely recognised level where strong reactions often occur.
This level aligns with a previous consolidation zone, making it a key demand area for potential long entries.
A bounce from here could indicate that bulls are regaining strength.
2.) Deeper Support – 0.786 Fib, Monthly Order Block, and Yearly Open (~$93,576)
If the golden pocket fails, the next key area of interest is around $93,576.
Here, we see confluence with:
The 0.786 Fibonacci retracement, often the last strong retracement before a reversal.
A monthly order block, which has previously acted as a strong support area.
The yearly open, a crucial psychological and technical level that often holds significance throughout the year.
3.) Next Major Support if Yearly Open Fails – $88,000 to $86,000 (Swing Low & Weekly Support Zone)
If price drops below the yearly open with confirmation of bearish momentum, I would look for the next buying opportunity at the swing low or weekly support zone, highlighted in the yellow box around $88,000 to $86,000.
This area holds strong confluence as a higher timeframe support level, making it an attractive zone for potential accumulation.
4.) Resistance Levels – Open Price and Psychological Barrier at $100K
$97,700 – This is the weekly open resistance level. If BTC struggles to reclaim this level, it could indicate further downside.
$100K – A major psychological resistance where sellers could step in. Breaking and holding above this level would be a strong bullish signal.
Trade Setups Based on Current Structure:
1.) Long Trade Setup – Golden Pocket Zone ($95,535 - $94,994)
Entry: Between $95,535 and $94,994 (Golden Pocket Zone)
Stop Loss: Below $93,500 to protect against further downside
Take Profit 1: $97,700 (weekly open resistance)
Take Profit 2: $100K (psychological resistance)
2.) Deeper Long Setup – If 0.618 Fib Fails ($93,576 - Yearly Open Zone)
Entry: Around $93,576 (0.786 Fib + Monthly Order Block + Yearly Open)
Stop Loss: Below $92,000
Take Profit 1: $97,700
Take Profit 2: $100K
3.) Alternative Long Setup – If Yearly Open Breaks ( FWB:88K - $86K Zone)
Entry: Around $88,000 to $86,000 (Weekly Support Zone)
Stop Loss: Below $85,000
Take Profit 1: $93,500 (yearly open retest)
Take Profit 2: $100K
Final Thoughts:
Bitcoin’s current structure suggests a healthy correction within a larger uptrend. The golden pocket ($95,535 - $94,994) remains a key level for potential long entries, while a failure to hold here could see price testing the $93,576 region. However, if price drops below the yearly open and confirms bearish momentum, the next major buying opportunity lies at the Swing Low or Weekly Support Zone at $88,000 - $86,000.
New Free Indicator – Multi Timeframe 8x MA Support Resistance Zones
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Dow Jones Trending Higher: Potential Move to 45,494CAPITALCOM:US30 is trading within a well-defined uptrend, supported by a rising trendline that signals strong bullish momentum. The price has consistently formed higher highs and higher lows, reinforcing the trend continuation narrative.
I anticipate that if the index maintains its upward momentum, it could move toward the 45,494 level. This setup aligns with the broader bullish trend, supported by the sustained strength above the trendline and recent price action.
Let me know your thoughts or if you see the setup differently!
Gold (XAU/USD) 4H: Bullish with Possible Pullback?Gold (XAU/USD) 4H Chart Analysis: Bullish Trend with Possible Pullback
Key Observations:
1. Price Action & Trend:
The price is currently trading around $2,817.685.
The trend appears bullish, with a strong upward move.
There is a marked internal liquidity (Int. LQ) taken, indicating that liquidity has been absorbed, which could lead to further upside.
A market structure break (MB filled) suggests past resistance turned into support.
2. Technical Indicators:
Exponential Moving Average (EMA 200, red line) is at $2,709.123, which is significantly below the current price. This suggests that gold is in a strong uptrend.
Relative Strength Index (RSI, 14 close) is at 68.56, nearing the overbought zone (70) but still has room for potential upside.
3. Projected Movement:
The chart suggests a potential pullback (small consolidation) before further upward movement.
Fair volume ranges (marked in red) indicate levels where price may slow down or consolidate before continuation.
Price is above key liquidity levels, which may act as support.
Conclusion:
The trend remains bullish, and the price could continue rising after a minor consolidation.
Key levels to watch:
Support: Around $2,800 (former liquidity level).
Resistance: Next potential target is $2,840 - $2,860.
Risk Consideration: RSI is approaching overbought levels, so a short-term correction could occur before another push higher.
KR Trending Higher: Potential Move to 67.20NYSE:KR is trading within a well-defined uptrend supported by a rising trendline, signaling strong bullish momentum. The price has consistently respected the trendline, reinforcing the structure of higher highs and higher lows, which aligns with the trend continuation narrative.
I anticipate that if the stock maintains its upward momentum, it could move toward the 67.20 level. This setup aligns with the broader bullish trend, supported by a clear breakout and sustained strength above the trendline.
Let me know your thoughts or if you see the setup differently!
ETH - One More, No More!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 ETH has been bearish trading within the falling channels.
🏹As ETH is hovering around the lower bound of the channels, which lines up perfectly with the $2,500 round number, it would be an attractive zone (at least for me) to look for longs.
🏹On the other hand, for the bulls to take over long-term, a break above the upper trendlines and $3,000 round number is needed.
For now, we wait! ⏱️
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
SUAI/USDT NEW TOKEN : AI AGENT 5-10x?SUAI/USDT NEW TOKEN
This is a high-risk coin, which can show some possibilities in the coming time.
There is no data about this coin, and the only reason for checking is the first TA confirmation includes some trend following.
Can this coin gain to $0,08?
This is exactly what we are going to follow.
Never hold high-risk coins, but you can follow them with the right SL.
This coin is added at the mexc exchange
This is not trading advice, manage always the risk since crypto is risk full.
Bitcoin (BTC/USDT) 4H Analysis: Critical Support Test –(caption)🚀 Bitcoin (BTC/USDT) 4H Chart Analysis (Feb 2, 2025) 📊
🔍 Key Observations:
1️⃣ Strong Support Zone (Red Box) 🛑
BTC is currently testing the $98,000 - $99,000 support zone.
This level has previously acted as a demand area, meaning buyers might step in.
2️⃣ 200 EMA (Exponential Moving Average) Resistance (Red Line) 📉
The 200 EMA at $100,718 is acting as dynamic resistance.
A break and close above this level would indicate bullish strength.
3️⃣ Key Resistance Levels 🚧
$100,718 (200 EMA Resistance)
$102,884 (Major Horizontal Resistance)
If price breaks these levels, next targets: $104,000 - $106,000.
4️⃣ Key Support Levels 🛠️
$98,000 - $99,000 (Current Demand Zone)
$90,000 - $89,184 (Next Major Support Below)
📈 Possible BTC Price Scenarios:
✅ Bullish Case (Price Bounces from Support) 🟢
If BTC holds above $98,000 - $99,000, a move toward $102,884 and higher is possible.
Breaking above $102,884 could trigger a rally toward $104,000 - $106,000.
Watch for volume increase & bullish candlestick confirmation.
❌ Bearish Case (Break Below Support) 🔴
If BTC breaks below $98,000, we could see a drop to $90,000 - $89,184.
A break below $90,000 could lead to further downside toward $88,000.
Watch for strong selling pressure & breakdown candle.
📊 Final Thoughts: BTC at a Critical Level!
🚨 Decision Point: BTC is at a key support level—will bulls step in, or will bears take control?
🔹 For Bulls: Need to reclaim $100,700+ for bullish continuation.
🔹 For Bears: Losing $98,000 could open the door for a drop toward $90,000.
👀 Keep an eye on price action & volume for the next big move!
🔥 What’s your bias? Bullish 🚀 or Bearish 📉? Let’s discuss!